Articles
Articles
Apr 29, 2019
Yoti supports the seven ethical principles for biometrics
We believe that our technology should keep people safe and work for everyone equally. So, we support the seven ethical principles for biometrics, released by the Biometrics Institute. These principles enable anyone working in the biometrics industry to show they’re committed to addressing ethical issues raised by new technology – biometrics in particular. Here are the seven principles. Ethical behaviour The first principle states that companies must act ethically even beyond the requirements of law. Ethical behaviour means avoiding actions which harm people and their environment. We’re proud to be one of the UK’s founding B Corps, which
Articles
Apr 17, 2019
The Digital Economy Act and age verification on adult websites: the facts
What is the Digital Economy Act? The Digital Economy Act is a law introduced by the UK government that includes measures to prevent children from accessing pornographic content online. Age verification is a child protection measure, introduced as part of the government’s ambition to make the UK the safest place to be online. When does the Digital Economy Act take effect and who does it apply to? From the enforcement date, on 15th July 2019, anyone who wants to access a UK adult website will be required to prove they’re 18 or over. Does the Digital Economy Act apply to
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Apr 15, 2019
Yoti features on Worldwide Business with Kathy Ireland
Our CEO Robin and Director of Regulatory and Policy Julie had the pleasure of speaking to entrepreneur and CEO Kathy Ireland on her Worldwide Business show. They discussed the challenges we aim to solve, how Yoti can help protect children online and why digital identities will be integral to a safer future for businesses and individuals. You can read the interview below or watch the full interview here. Kathy: Julie how is Yoti solving these problems [of data breaches, fraud and identity theft]? Julie: Day in, day out we are asked to prove our age or identity – this could
Articles
Apr 12, 2019
Announcing the Yoti Fellowship Programme
We are excited to announce the launch of the Yoti Fellowship Programme, one of the signature activities from our new Social Impact Strategy. From today we will be inviting applications from individuals interested in helping unlock the potential of digital identities with a particular focus on local, grassroots issues. In return, Fellows will be offered generous financial and logistical support, expenses and a chance to have their findings shared with the wider world. See our Head of Social Impact Ken Banks chatting about the Fellowship Programme here. Yoti Fellows: Filling the knowledge deficit The majority of the digital
Articles
Apr 12, 2019
New regulations to tackle underage online gambling
Last year, a Gambling Commission audit found that an astounding 55,000 British children aged 11-16 year olds were classed as problem gamblers. The results also revealed that up to 450,000 11-16 year olds gambled on a regular basis. While the problem exists across offline and online gambling, the growing nature of the online sector makes it imperative for there to be more safeguards in place. As of 2018, The UK Gambling Commission (UKGC) reported that the market’s revenue hit £14.4 billion, of which £5.3 billion came from online gambling. When it comes to identity and age verification for gambling customers,
Articles
Mar 06, 2019
Yoti eSign: the fast and simple e-signature platform
In a world that’s becoming increasingly digital, businesses everywhere are seeing the benefits of switching to more digital practices to save time and money. When it comes to signing documents, it’s the most obvious use case for digitising practices. Not only is the traditional signature process time consuming, but there’s also the environmental concern of a business printing hundreds (and sometimes thousands) of documents. There’s also the big risk of fraud if documents are signed without proper background checks. In the last year British Columbia has suffered the effects of money laundering, where an estimated $7.4 billion (approximately £4.1 billion)